SoftBank Reports A $2.4 Billion Loss In The Third Quarter

SoftBank Group reported a surprising quarterly loss on Wednesday due to a decline in investments made through its Vision Funds. Additionally, the...

281

ECommerce

Amazon Removes DEI Mention From Its Annual Report

Amazon has removed any references to diversity and inclusion from its most recent annual report. TakeAway Points: Amazon’s most recent annual report...

152

Artificial intelligence

Amazon Plans To Spend $100 Billion In AI

Amazon announced on Thursday it plans to boost its capital expenditures to $100 billion in 2025. TakeAway Points: According to Amazon, AI...

277

ECommerce

Amazon First Quarter Impacted By Rising Dollar

Amazon stated in its earnings release on Thursday that it expects a $2.1 billion foreign exchange rate headwind in the first quarter....

255

ECommerce

Amazon’s Advertising Business Increased By 18% In The Fourth Quarter

Amazon’s online advertising business logged $17.29 billion in the fourth quarter, up 18% from a year ago. TakeAway Points: Amazon’s online advertising...

7.2K

Tech News

Amazon Faces Legal Action After Quebec Warehouse Closures

Amazon is expected to face legal action from a Canadian union after the company’s plan to wind down warehouse operations in Quebec....

526

ECommerce

Amazon Lays Off Employees In Communications And Sustainability Units

Amazon is laying off several workers in its sustainability and communications departments, according to an official in charge of the divisions on...

484

Tech News

UK Says Microsoft And Amazon Are Dominant Players In Cloud Competition

UK Says Microsoft And Amazon Are Dominant Players In Cloud Competition Britain’s antitrust watchdog on Tuesday raised concerns over competition in the...

388

ECommerce

Whole Foods Workers Vote To Start First Amazon-owned Grocery store Union

Whole Foods employees at a Philadelphia store voted to form a union Monday night, marking the first successful organizing campaign at the...

397

Tech News

Amazon Appoints Whole Foods CEO Over Grocery Business

Amazon appoints on Monday, Jason Buechel, the CEO of Whole Foods, to lead its extensive grocery division. TakeAway Points: Jason Buechel, the...

6.7K

Business news

How Amazon Web Scraping Helps E-commerce and Market Research

Amazon is one of the largest e-commerce platforms in the world, with over 200 million active users and 12 million products available....

545

ECommerce

Amazon Lays Off 200 Employees In Its Stores Unit

Amazon has acknowledged that it is cutting off about 200 workers in its North America retail division. TakeAway Points: Amazon acknowledged that...

343

Business news

How to optimize your amazon listing for maximum visibility in 2025

In the competitive landscape of Amazon in 2025, optimizing your product listing is more critical than ever. With millions of products vying...

479

Press Release

Amazon Plans To Expand Advertising Business

Amazon is allowing other websites to utilise its ad technology for their own stores. TakeAway Points: Amazon is letting other retailers use...

569

ECommerce

Amazon To Halt Some Of Its DEI Programs

Amazon announced that it is discontinuing parts of its diversity and inclusion programmes, joining an expanding number of large firms that have...

334

Tech News

Amazon To End ‘Try Before You Buy’

Amazon is closing “Prime Try Before You Buy,” which lets Prime members try on clothing, accessories, and shoes and only pay for...

412

ECommerce

Amazon Accepts Worker Safety Measures

Amazon.com announced on Thursday that it will install safety measures at all of its U.S. locations. TakeAway Points: Amazon.com will implement safety...